Texas Property Damage Lawyers
Our property damage attorneys at Adkins Law Firm represent individuals and businesses with claims involving serious damages to residential property and commercial property throughout Texas, particularly along the Gulf Coast. We have experience with real property damage cases including, but not limited to, product defects, fires, floods, windstorms and construction defects. At Adkins Law Firm, we understand the complex nature of damages to real property concerning both commercial and residential real estate. The recovery available for damage to real property turns on whether the duration of the injury is either temporary or permanent, and whether the extent to which the value of the real property as a whole is diminished. Our trial lawyers are experienced in effectively communicating with appraisers and engineering experts to determine those costs necessary to restore value to damaged land and improvements, calculating the loss of fair market value and proving the intrinsic damages caused to real estate. Contact Adkins Law Firm for an initial consultation to learn how we may help you get the real property damages you deserve.
Calculating the Value of the Real Property Damage
The amount at which property is valued for purposes of recovery depends on whether the property may be repaired, or whether the property has been destroyed completely. If the property may be repaired for a reasonable cost, compensatory damages will cover the costs of repair, as well as any consequential damages suffered in connection with the loss. If the property has been completely destroyed, or if the cost of repair is more than the fair market value of the property, compensatory damages may be limited to the property's fair market value. Fair market value is measured by the value of the property directly before the loss.
Loss of Use as Property Damage
Loss of use occurs whenever there is an interruption of the normal use of the property. Typically, damages for loss of use of real property are consequential damages. By design, loss of use damages compensate a property owner for damages that result from "a reasonable period of lost use" of the property. In the commercial context, the amount of damages may thus be measured according to the particular loss experienced during the business interruption, such as lost profits, the cost of renting a substitute workspace, or the rental value of the owner’s property. In the residential context, loss of use refers to the necessary increase in living expenses you incurred while your home was uninhabitable.
Natural Disasters: Hurricanes, Floods, and Windstorm
If fire, wind, or water devastated your home or business you should know that valid insurance claims may be denied by your insurer in the hope that you will not contest the denial of the claim under your insurance policy. You need an experienced real property damage attorney in Texas that can fight back against insurance company tactics with the help of experienced Texas Hurricane & Flood Attorneys. Our real property damage lawyers assist policyholders with insurance matters such as:
- Denied Insurance
- Undervalued Property Damage Claims
- Delayed Payments
- Cancellation Threats
At Adkins Law Firm, we will assist you in the investigation and proper valuation of the damage to your property and review your policy to determine whether the claim was interpreted fairly by your insurance company. If negotiations with the insurance company are not sufficient, we can take the case to trial. With more than 20 years of combined experience in construction and real estate litigation practice, our property damages lawyers are well-equipped to secure a favorable outcome in your claim or lawsuit involving damages to real or personal property whether you are a shopping center owner in Pasadena that had a roof collapse due to defective construction or a homeowner in Richmond who simply wishes to hold your insurance company to its promises, Adkins Law Firm seeks the opportunity to advocate on your behalf.
If you have suffered damages to your real property, you should not delay in contacting a lawyer. Typically, claims real property damages in Texas must typically be brought within 2 years Tex. Civ. Prac. & Rem. Code § 16.003(a). Consult with a Houston Property Damage Attorney if your real property was damaged so he or she can assist you in determining the proper measure of damages for your real property loss and potential for recovery in Texas.
Consult with a Houston Property Damage Attorney to find out if we can help your business at (713)574-5558 or toll-free at 1(855)801-8770. Our office staff will schedule a free initial consultation to discuss your potential real property damages with an attorney.